BSECompany Update1d ago · 24 Oct 2026, 11:00 am

Please find enclosed disclosure for receipt of order under section 92CA (3) r.w.s 144(5) of the Income Tax Act, 1961 pursuant to the DRP directions.

DIC India Ltd · 500089

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DIC India Ltd has received a revised order from the Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata, reducing the transfer pricing adjustment for Assessment Year 2023-24 from Rs. 3,84,17,653 to Rs. 3,74,35,142.

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DIC India Ltd - 500089 - Update On Transfer Pricing Matter

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October 24, 2026 The Corporate Relationship Department The Calcutta Stock Exchange Ltd. BSE Limited 7, Lyons Range, Dalhousie P.J. Towers, Dalal Street Kolkata- 700001 Mumbai- 400001 Scrip Code: 10013217 Scrip Code: 500089 The Listing Department National Stock Exchange of India Limited Exchange Plaza, C/1, Block G Bandra Kurla Complex Bandra (E), Mumbai — 400051 NSE Symbol: DICIND Sub: - Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Ref: Receipt of Order under Section 92CA (3) r.w.s 144C (5) of the Income-tax Act, 1961 Dear Madam/Sir, In furtherance to the intimations dated October 02, 2026 and March 03, 2026, filed by DIC India Limited (the “Company”) with the stock exchanges regarding the matter involving transfer pricing adjustments relating to international transactions undertaken by the Company during the FY 2022-23 (AY 2023-24), please be informed that the pursuant to directions from Ld. Dispute Resolution Panel-2 (“DRP”), the Company received a final order from Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata (“AO”) dated 224 October, 2026. In terms of the said order of AO, the upward adjustment in income of Rs. 3,84,17,653/- determined vide order dated 22™ January, 2026 has been recomputed and reduced to Rs. 3,74,35,142/-. As a result, the revised total arm’s length price adjustment is Rs. 3,74,35,142/- for the AY 2023-24. In terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, and Industry Standard Note on Regulation 30 of SEBI Listing Regulations, the information required are enclosed herewith as Annexure -1 and Form - A. I, the undersigned state and declare that the information and details provided in Form - A, in compliance with Regulation 30(13) of the SEBI Listing Regulations, is true, correct and complete to the best of my knowledge and belief. You are requested to take the same on record. Thanking you, For DIC India Limited Meghna Saini Company Secretary Membership No.- 442587 DIC INDIA LIMITED Corporate Office: Fusion square, 5" Floor, Plot no. 5A & 5B, Sector-126, Noida — 201303 Tel: +91-120-6361414 | Fax: +91-120-6361443 GSTIN: 09AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in | Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038 ANNEXURE-1 Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Name of the authority Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata Nature and details of the action(s) Order received by Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata basis the Directions issued under Section 144C(5) of the Income Tax Act, 1961 by Dispute Resolution Panel -2 (DRP), New Delhi in connection with transfer pricing adjustment for Assessment Year 2023-24. Date of receipt of direction or order, including any October 22, 2026, however, received by the KMPs on ad-interim or interim orders, or any other October 23, 2026 at 11:03 AM communication from the authority. Details of the violation(s)/contravention(s) No violation(s)/contravention(s) committed by the committed or alleged to be committed. Company. The final order has been received by the Company pursuant to the Directions received by DRP in connection with the transfer pricing adjustments proposed by Assessing Officer. Impact on financial, operation or other activities of No impact other than as stated in this disclosure. The the listed entity, quantifiable in monetary terms to Company is evaluating the order and prefers to file an the extent possible appeal against the said order with appropriate authority within the stipulated time. DIC INDIA LIMITED Corporate Office: Fusion square, 5" Floor, Plot no. 5A & 5B, Sector-126, Noida — 201303 Tel: +91-120-6361414 | Fax: +91-120-6361443 GSTIN: 09AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in | Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038 Form -A Disclosure by DIC India Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 30(13) — Disclosure of communication from regulatory, statutory, enforcement or judicial authority Name of the listed entity DIC India Limited Type of | Communication | Order received by Deputy Commissioner of Income Tax, Transfer Pricing Received - 1, Kolkata under Section 92CA (3) r.w.s 144C (5) of the Income-tax Act, 1961 in connection with transfer pricing adjustment for Assessment Year 2023-24. Date of receipt of | Date of Order is October 22, 2026, however, received by the KMPs communication identified under Regulation 30 on October 23, 2026 at 11:03 AM Authority from whom | Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata communication Received Brief summary of the material Pursuant to the said order, the transfer pricing adjustment have been revised contents of the communication to Rs. 3,74,35,142/- for the A.Y. 2023-24 instead of Rs.3,84,17,653/- received, including reasons for determined earlier vide order dated 22.01.2026. The revision has taken receipt of the communication place by the authority after taking into consideration the Directions issued under Section 144C(5) of the Income Tax Act, 1961 by Dispute Resolution Panel -2 (DRP), New Delhi. Period for which communication FY 2022-23 (AY 2023-24) would be applicable, if stated Expected financial implications Based on a preliminary assessment of order, no expected financial on the listed company, if any implication on the Company. Details of any aberrations/non- As stated in point summary above. compliances identified by the authority in the communication Details of any penalty or No penalty or restriction as of date. restriction or sanction imposed pursuant to the communication Action(s) taken by _ listed The Company is evaluating the order and appropriate actions will be taken company with respect to the within the stipulated time. communication DIC INDIA LIMITED Corporate Office: Fusion square, 5" Floor, Plot no. 5A & 5B, Sector-126, Noida — 201303 Tel: +91-120-6361414 | Fax: +91-120-6361443 GSTIN: O9AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in | Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038